Task 1 1. Let’s find supply curve for a single firm assuming that the firm operates to maximize its profits. In this case the firm will produce the quantity at which its marginal cost (MC) equals the market price (P) (P>AVC). MC=8Q=P or Q=P/8 2. Since all 10 firms are identical‚ the industry supply curve will be: Q=10(P/8)=5P/4 3. To find the short-run equilibrium price equate the industry supply with the demand: 5P/4=300-P 5P=1200-4P 9P=1200 P=1200/9=133‚(3)≈133 So‚ the short-run
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Brandon Leung CAE 460 – KL February 2‚ 2015 Assignment #1 2.1: What are the three major types of construction bonds? Why are they required? Name three items that affect bonding capacity. Three major types of construction bonds are: Performance Bonds‚ Payment Bonds‚ and Securing Bonds. They are required because a bond allows one party (Obligee) to protect itself against default in a relationship with a second party (Principal). A third party (Surety) provides this protection. Three items that
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Name: ___________________________________ Date:_____________ Period: _______________ 1. Where on the normal curve are the inflection points located? Where the slope starts to drop off at. 2. What is the standard normal distribution? A standard Normal distribution is a Normal curve with a mean of 0 and a standard deviation of 1. 3. What information does the standard normal table give? The area that falls to the left of the given z-score. 4. How do you use the standard normal table (Table
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Question 33. The National Collegiate Athletic Association (NCAA) reported that the mean number of hours spent per week on coaching and recruiting by college football assistant coaches during the season was 70. A random sample of 50 assistant coaches showed the sample mean to be 68.6 hours‚ with a standard deviation of 8.2 hours. a. Using the sample data‚ construct a 99% confidence interval for the population mean. z = +/- 2.68 68.6 – 2.68 * 8.2 / √50 = 65.49 68.6 + 2.68 * 8.2
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Group Project – President Franklin Rosevelt Agenda Advantages: structure‚ link between‚ overview Disadvantages: you start pretty slow‚ instead of start right ahead with the huge great depression event. Brief description of the event – what happened during the great depresion … 1. The Great Depression was a deep economic crisis which affected‚ at different moments and degrees‚ most economies of the world 2. Sparked by the return of the Gold Standard in a world which had changed dramatically
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1) The condenser lens concentrates light and makes illumination of image more uniform. 2) The bending of light is also known as refraction. 3) Total magnification = ocular lens magnification x objective lens magnification. 4) The total magnification of an image is 1200x and the magnification of the ocular lens is 10x. What is the magnification of the objective lens? Y = objective lens 1200x = 10x X y 1200x / 10x = y y = 120x Objective lens magnification = 120x 5) The limit of resolution
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Chapter 6 MULTIPLE CHOICE Name: Jared Senseman 1. C If you need to convey information that contains good- or neutral-news‚ you should a. use letters but not e-mail or voice mail. b. use e-mail but not letters or voice mail. c. use e-mail and letters but not voice mail. d. use e-mail‚ memos‚ or voice mail. 2. A Business messages should be organized based on a. a prediction of the receiver’s reaction to the main idea. b. the
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True / False Questions 1. Increased demand for a product or service will usually result in lower prices for the item. FALSE 2. Inflation reduces the buying power of money. TRUE 3. When prices are increasing at a rate of 6 percent‚ the cost of products would double in about 12 years. TRUE 4. A decrease in the demand for a product or service may result in a decrease in wages for people producing that item. TRUE 5. A financial plan is another name for a budget.
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favorite. But i have to keep up my grades.I love soccer! Since I hit the sixth grade‚ Homework has become a great problem. I normally have practice two to three nights a week‚for at least two hours‚When I get home I’m exhausted. Then I have homework to do. I’m hungry and hot. I have to get to bed at a decent time. So I can’t do my homework‚ Some nights this is a challenge. If I’m grumpy or don’t have my homework done the next morning‚ I have to give up a privilege. I have to keep at least a C average
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ENTRY MODES The choice of entry mode can be based on the expected contribution to profit. Choosing the right market entry mode(s) is one of the most decisive factors that can influence company’s success in a foreign market. Export modes 1In establishing export channels Carlsberg has to decide which functions will be the responsibility of external agents and which will be handled by the firm itself. While export channels may take many different forms‚ for the purpose of simplicity three major
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